backQORT

An automated back office that provides automation of accounting operations, document management and preparation of various reports of an investment company or bank: regulatory, client's and internal reports on the results of transactions in financial markets.

backQORT may be used as an operation back office working along with the main back office of an investment company or bank. In this case, backQORT performs the following functions: preparation of client's daily reports and reports for the regulator, calculation of personal income tax for a given period, calculation of commission fees, preparation of trade limits for front office systems, while the main back office prepares “labour-intensive,” non-urgent types of reports.

Main Features

backQORT relies on the unique internal structure of accounts represented by the pair sub-account/personal account. Sub-accounts and personal accounts can be grouped to form analytical and virtual accounts, respectively.